2024-3-1 18:53 |
The exchange allegedly enabled funds to leave Nigeria while the country is trying to restrict capital outflows. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.
2024-3-1 19:37 | |
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Crypto exchange Binance has removed Nigeria’s fiat currency, Naira, from the national currencies it supports on its peer-to-peer platform, according to CryptoSlate sources. Meanwhile, the Financial Times reported that two Binance executives have been detained in the country, with their passports seized.
2024-2-29 21:47 | |
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Central Bank of Nigeria Governor Dr. Olayemi Cardoso revealed that illegal activities plagued Binance Nigeria over the past year. He stated that unidentified individuals and sources moved over $26 billion through the exchange in 2023.
2024-2-29 18:28 | |
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The country's facing a crippling foreign exchange crisis and looking for ways to limit capital outflows, including via crypto.
2024-2-29 16:56 | |
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Nigerian officials target Binance amid a broader clean-up of the country's forex markets. The post Nigeria Says This Exchange Enables Currency Manipulation by Criminals appeared first on BeInCrypto.
2024-2-23 19:30 | |
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The Nigerian government is said to be considering blocking Binance and other crypto firms to prevent forex market manipulation and illicit fund movement. Crypto exchange Binance and other digital asset trading platforms are risking being banned in Nigeria, as the…
2024-2-22 12:47 | |
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FTX's shocking downfall continues to affect companies with ties the beleaguered cryptocurrency exchange.
2022-11-15 17:16 | |
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The biggest European cryptocurrency exchange quickly moves from one partnership to another. WhiteBIT has recently become an international exchange with offices in Spain, Ukraine, Georgia, Nigeria, and Turkey.
2022-11-11 11:00 | |
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Authorities in Nigeria and cryptocurrency exchange Binance Holdings Ltd. are in talks tto create a digital economic zone that will support blockchain technology adoption by businesses in the West African country.
2022-9-8 00:59 | |
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The Nigerian government has tapped leading cryptocurrency exchange Binance to help develop a crypto-friendly digital economic zone in the country. Announced on Saturday by the Nigeria Export Processing Zone Authority (NEPZA), the project is targeted at promoting digital entrepreneurship around blockchain technology.
2022-9-5 19:15 | |
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Binance, the world’s largest exchange is in talks with the Nigeria Export Processing Zones Authority (NEPZA) over plans to create a special economic zone focused on crypto and blockchain-related businesses.
2022-9-5 17:22 | |
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The west African country has held discussions with Binance about creating something similar to Dubai’s virtual commercial city.
2022-9-5 12:44 | |
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Nigeria’s exchange rate system dominated by the official and black-market rates now has a “crypto exchange rate” as a competitor since Nigerians have been accumulating crypto since 2020 due to low confidence in the Naira, the Bloomberg reports.
2022-7-28 06:00 | |
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The Nigerian government has entered a three-year Intellectual Property Right (IPR) partnership with Developing Africa Group to launch a country-wide wallet and an IP exchange marketplace. The post Nigeria and Developing Africa Group ink deal to launch a crypto project on Algorand appeared first on CryptoSlate.
2022-5-26 10:30 | |
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The Securities Exchange Commission (SEC) of Nigeria has put out new rules that seek to regulate digital assets in the country, signaling the full acceptance of crypto assets in Africa’s most populous nation.
2022-5-24 00:49 | |
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Nigeria’s Securities and Exchange Commission has released new rules to guide the issuance, custody, and exchange of digital assets, while also classifying them as securities. The post Nigeria’s SEC Issues New Guidance for Crypto, Classifies Them as Securities appeared first on BeInCrypto.
2022-5-15 15:00 | |
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Bitcoin adoption in Africa continues to ramp up. On peer-to-peer bitcoin exchange platform, Paxful and LocalBitcoins, Nigeria's Naira accounted for $9 million of trading volume each week. This growing usage has Nigeria's Naira second most used currency after the US Dollar.
2020-5-22 21:23 | |
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The very first stablecoin of Africa is backed by Naira, the fiat currency of Nigeria and it will be built on Binance Chain, the blockchain software system developed by the leading cryptocurrency exchange Binance.
2019-12-14 18:08 | |
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Belfrics Group launches first group of DApps on Belrium blockchain » CryptoNinjas Belfrics Group, a cryptocurrency exchange and blockchain technology company, recently launched its new range of decentralized applications (DApps) on its Belrium blockchain for utilization by small businesses to large enterprises.
2019-7-29 18:17 | |
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Aggrieved Nigerians are demanding that the country’s banking and financial regulators, as well as the Foreign Affairs Ministry (NIIA), look into allegations of fraud leveled against Paxful – a bitcoin peer-to-peer (P2P) exchange platform, reports The Guardian, April 6, 2019.
2019-4-9 05:00 | |
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Estonia-based crypto firm Paxful Inc. has been accused of defrauding Nigerian investors out of millions of dollars worth of crypto through arbitrary account closures
2019-4-8 12:38 | |
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It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports.
2019-4-8 11:17 | |
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A Nigerian Non-Governmental Organization, United Global Resolve For Peace (UGRF), has petitioned the Central Bank of Nigeria (CBN), the Economic and Financial Crimes Commission (EFCC) and the Ministry of Foreign Affairs.
2019-4-7 15:32 | |
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After a long phase of beta testing, Kubitx, a crypto and digital asset exchange that has the goal to be a “pan African” exchange, has been launched. The company, which is registered in Malta but is a company from Nigeria and Zimbabwe, has used the occasion to release its hybrid OTC (over the counter) wallet. […]
2018-12-22 10:28 | |
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A cryptocurrency exchange based in Europe, Quidax, has launched its digital asset exchange in Nigeria, aiming to educate the residents about cryptocurrencies and blockchain technology. The exchange will allow users to buy and sell six cryptocurrencies, which include Bitcoin Cash, Bitcoin Gold, Ethereum, Bitcoin, Litecoin, and Ripple. The platform will, however, expand to support more […]
2018-10-29 01:58 | |
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Kubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday. The platform, which supports seven digital coins for the test, including BCH and BTC, will initially be available to users in Nigeria, before the company expands it to other African countries in the coming months.
2018-10-12 00:30 | |
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Bitcoin is pushing the boundaries of economic change in Africa. In East Africa, a new deal between digital currency exchange Bitpesa and a Japanese firm shows Kenyans are using bitcoin to pay for used Japanese cars, cosmetics and electrical gadgets.
2018-9-26 17:45 | |
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Bitcoin exchange company Luno today announced the launch of its new African regional headquarters in Johannesburg, South Africa. Luno was the first crypto company to operate in Africa, with a presence in Nigeria and Cape Town, in.
2018-9-17 18:42 | |
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Nigeria’s Senate has advanced a bill that could create formal rules for crypto firms and virtual asset operators. The Virtual Asset Service Providers Regulation Bill, 2026, passed second reading on Tuesday and moved to committee review. The proposal seeks licensing,…
KuCoin has been named the only global exchange in the Central Bank of Nigeria’s virtual asset supervisory pilot, showing Nigeria’s push for crypto compliance.
Exchanges must report detailed crypto activity to Nigerian authorities under new identity-based compliance rules effective from January 2026.
The Nigerian Securities and Exchange Commission has issued a renewed warning against Crypto Bridge Exchange. The exchange, also known as ST Technologies International Ltd, Smart Treasure, or Super Technology, has reportedly resumed operations across the country despite lacking regulatory approval.…
Congressman French Hill is bringing Binance executive Tigran Gambaryan as his guest to the State of the Union address. Gambaryan spent eight months in a Nigerian prison on tax evasion and money laundering charges, which were later dropped. Gambaryan, a…
Nigeria’s Federal government has launched another lawsuit against Binance amid a tussle over alleged illegal operations and unpaid taxes.
Nigeria’s Federal Inland Revenue Service (FIRS) has taken legal action against Binance Holdings Limited, demanding over $81 billion in unpaid taxes and penalties. On Nov. 19, local media outlet Nairametrics reported that this claim includes $79.